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Bitcoin volatility drops to 1.5th percentile, Fidelity cites a “coiled spring”

Fidelity Digital Assets says Bitcoin realized volatility has collapsed to a level reached on only about 1.5% of trading days since the asset’s creation, calling the setup a “coiled spring.”

BTCUSD

Bitcoin's realized volatility has collapsed to a level so low that only about 1.5% of all trading days since the asset's creation have been quieter.

Fidelity Digital Assets flagged the reading as a "coiled spring," borrowing the physics metaphor that traders love: the tighter the compression, the m…